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Exxon to invest more in oil and gas projects despite emission concerns
June 1, 2018
Source: World Oil

Exxon to invest more in oil and gas projects despite emission concerns

Darren Woods, the CEO of ExxonMobil, has said that the firm is trying to find a fine balance between sustainability and economic growth. Exxon plans to invest $200 billion in significant oil and gas projects around the world over seven years, indicating that growth is a priority. He also cited investments in environmental projects such as algae biofuels, and in emission reduction in its industrial processes as the way forward.

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